OFF THE TICKER

Published 4:00 am, Tuesday, January 23, 1996

AH: Boston Chicken buys Noah's

San Leandro-based Noah's New York Bagels announced Tuesday it has agreed to be bought for $100 million in cash and stock by the fast-growing, fast-meal chain Boston Chicken Inc. of Golden, Colo. Noah's - which has 700 employees and 37 shops, most in the Bay Area - will be rolled out throughout the West, while Boston Chicken will develop its Einstein Bros. Bagels in the rest of the country. No consolidation is planned. Noah's will run as an autonomous subsidiary, with new CEO Glenn Bacheller reporting directly to Boston Chicken's CEO, founder Noah Alper becoming vice chairman of the overall bagel operation and the future of Noah's president Bill Hughson not announced. Noah's, which has emphasized expansion over profits since it started in 1989, had revenue of $35 million last year and plans to add 50 shops this year. Noah's deal with Starbucks Coffee Co. to lease sites jointly will be maintained and extended to Einstein.

Good Guys sales

Latest business videos

sink, founder quits

Good Guys Inc. said fiscal first-quarter earnings fell 22 percent as same-store sales declined and its gross profit margin narrowed. The Brisbane-based consumer electronics retailer also said Ronald Unkefer, founder and former chief executive officer, resigned as chairman and a director to pursue other interests. The company didn't name a successor. Good Guys said net income fell to $6.7 million (50 cents a share) from $8.6 million (65 cents) a year earlier. Sales in the quarter ended Dec. 31 rose 8.9 percent to $306.7 million from $281.7 million. Same-store sales, or sales in stores open at least a year, fell 6 percent.

Production error

in Sunday section

Due to a production error, some copies of the Sunday Business section did not contain continuations of the Faceoff articles on Apple Computer Inc. or of the story on workplace violence. Because news events have overtaken the Apple story, on Sunday we only will reprint the

"Violence" story.

Short-term Treasury

rates decline

Interest rates on short-term Treasury securities declined in Monday's auction. The Treasury Department sold $11.5 billion in three-month bills at an average discount rate of 4.99 percent, down from 5.02 percent last week. Another $11.6 billion was sold in six-month bills at an average discount rate of 4.88 percent, down from 4.93 percent and the lowest since they averaged 4.75 percent last Aug. 1.&lt;

Latest from the SFGATE homepage:

Click below for the top news from around the Bay Area and beyond. Sign up for our newsletters to be the first to learn about breaking news and more. Go to 'Sign In' and 'Manage Profile' at the top of the page.